Trailing (also known as residual or two-cycle) is an interest method of balance calculation that allow companies to reach back into previous cycles to collect interest on balances already paid off.
- ^Mierzwinski, Edmund (17 April 2007). “Testimony of the U.S. Public Interest Research Group” (PDF). Legislative Hearing On HR 5244, the Credit Cardholders Bill of Rights: Before the Subcommittee On Financial Institutions and Consumer Credit Of the Financial Services Committee, U.S. House of Representatives Honorable Carolyn Maloney, Chair. United States House of Representatives. Archived from the original (pdf) on 2008-05-02. Retrieved 2008-01-27.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder TBIL.co STATX Fund.